Filing Flows › Automatic Data Processing (ADP) › Q4 FY25
Automatic Data Processing (ADP) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Aug 6, 2025
Automatic Data Processing (ADP) reported revenue of $5.1B for the fourth quarter fiscal 2025 (Q4 FY25), +8% from a year earlier and -8% from the quarter before. Operating margin was 21.3%, net earnings $911M (17.8% of revenue).
Automatic Data Processing, Q4 FY25: revenue $5.1B (+8% year over year), operating margin 21.3%, net earnings $911M, operating cash flow $1.4B. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.1B | -8% | +8% |
| Operating profit | $1.1B | -30% | +9% |
| Net earnings | $911M | -27% | +10% |
| Operating cash flow | $1.4B | -6% | +11% |
| Free cash flow | $1.4B | -6% | +13% |
What changed
Revenue was $5.1B in Q4 FY25, up 8% year over year and down 8% from the previous quarter. HCM was the largest line at 41% of revenue.
Operating profit was $1.1B, a 21.3% margin (up 0.4 points year over year). Of the extra revenue versus a year earlier, 26% reached operating profit, above the 21% margin then. Total costs grew 7% against revenue growth of 8%. Net earnings were $0.91B, up 10% year over year. The effective tax rate was 23.5%.
Operating cash flow was $1.4B (up 11% year over year), 158% of net earnings. Non-cash charges added back $0.15B of depreciation and amortization and $0.06B of share-based compensation. Working capital and other items added $0.32B. Capital expenditures of $0.03B left free cash flow of $1.4B.
Questions
What was Automatic Data Processing's revenue in the fourth quarter fiscal 2025?
Automatic Data Processing (ADP) reported revenue of $5.1B for the fourth quarter fiscal 2025 (Q4 FY25), +8% from a year earlier and -8% from the quarter before.
Was Automatic Data Processing profitable in the fourth quarter fiscal 2025?
Operating profit was $1.1B (21.3% of revenue) and net earnings $911M.